Why do we spend emotionally?

Some say money is just transactional, but I couldn’t disagree more. Money has some serious emotions tied to it, and the way we feel can have a direct and indirect impact on the way we spend and our overall sense of financial wellbeing. In this episode (and my first solo episode!) I gabber on about some of the different aspects of emotional spending, destigmatise spending to feel better, and offer some actionable tips on how to take control of your emotional spending.  We also hear from some listeners and followers about their emotional spending experience, and hone the importance of identifying an unhealthy spend from a perfectly healthy one.    Mentioned in this episode: Managing Money While Living With Bipolar Disorder https://thebrokegeneration.com/blog/2020/09/04/bipolar-disorder-managing-money-mental-health/    Sign up to my weekly feel good finance newsletter www.thebrokegeneration.com/subscribe, where you’ll also nab access to my free 7 daily tasks to set up a budget.   Where to find me: Instagram: @the.brokegeneration Blog: The Broke Generation | Destination for Hot Mess Millennials   Disclaimer: Information contained in this podcast is general in nature and should not be considered financial advice, nor used to make a financial or investment decision. Please seek professional advice for information tailored to your own circumstances.   See omnystudio.com/listener for privacy information.